Note 7 - Fair Value of Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

	March 31, 2013
	Fair Value Measurements Using						Assets at Fair
(Dollars in thousands)	Level 1		Level 2		Level 3		Value
Assets:
Securities available for sale
U.S. government agencies and corporations	$	—	$	25,922	$	—	$	25,922
Mortgage-backed securities		—		1,955		—		1,955
Obligations of states and political subdivisions		—		122,456		—		122,456
Preferred stock		—		188		—		188
Total securities available for sale	$	—	$	150,521	$	—	$	150,521
Liabilities:
Derivative payable	$	—	$	464	$	—	$	464

	December 31, 2012
	Fair Value Measurements Using						Assets at Fair
(Dollars in thousands)	Level 1		Level 2		Level 3		Value
Assets:
Securities available for sale
U.S. government agencies and corporations	$	—	$	24,649	$	—	$	24,649
Mortgage-backed securities		—		2,189		—		2,189
Obligations of states and political subdivisions		—		125,875		—		125,875
Preferred stock		—		104		—		104
Total securities available for sale	$	—	$	152,817	$	—	$	152,817
Liabilities:
Derivative payable	$	—	$	513	$	—	$	513

Fair Value Measurements, Nonrecurring [Table Text Block]

	March 31, 2013
	Fair Value Measurements Using						Assets at Fair
(Dollars in thousands)	Level 1		Level 2		Level 3		Value
Impaired loans, net	$	—	$	—	$	2,617	$	2,617
Other real estate owned net		—		—		5,297		5,297

	December 31, 2012
	Fair Value Measurements Using						Assets at Fair
(Dollars in thousands)	Level 1		Level 2		Level 3		Value
Impaired loans, net	$	—	$	—	$	9,074	$	9,074
Other real estate owned net		—		—		6,236		6,236

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

	Fair Value Measurements at March 31, 2013
(Dollars in thousands)	Fair Value		Valuation Technique(s)	Unobservable Inputs	Range of Inputs
Impaired loans, net	$	2,617	Appraisals	Discount to reflect current market conditions and estimated selling costs	5%	-	40%
Other real estate owned, net	5,297		Appraisals	Discount to reflect current market conditions and estimated selling costs	0%	-	70%

Fair Value, by Balance Sheet Grouping [Table Text Block]

			Fair Value Measurements at March 31, 2013 Using
(Dollars in thousands)	Carrying Value		Level 1		Level 2		Level 3		Total Fair Value
Financial assets:
Cash and short-term investments	$	70,726	$	70,726	$	—	$	—	$	70,726
Securities available for sale		150,521				150,521				150,521
Loans, net		641,195		—		—		653,499		653,499
Loans held for sale, net		45,432		—		46,508		—		46,508
Accrued interest receivable		5,566		5,566		—		—		5,566
Financial liabilities:
Demand deposits	$	412,088	$	412,088	$	—	$	—	$	412,088
Time deposits		284,376		—		288,364		—		288,364
Borrowings		167,219		—		162,068		—		162,068
Derivative payable		464		—		464		—		464
Accrued interest payable		797		797		—		—		797

			Fair Value Measurements at December 31, 2012 Using
(Dollars in thousands)	Carrying Value		Level 1		Level 2		Level 3		Total Fair Value
Financial assets:
Cash and short-term investments	$	25,620	$	25,620	$	—	$	—	$	25,620
Securities available for sale		152,817				152,817				152,817
Loans, net		640,283		—		—		651,133		651,133
Loans held for sale, net		72,727		—		74,964		—		74,964
Accrued interest receivable		5,673		5,673		—		—		5,673
Financial liabilities:
Demand deposits	$	399,575	$	399,575	$	—	$	—	$	399,575
Time deposits		286,609		—		290,483		—		290,483
Borrowings		162,746		—		158,027		—		158,027
Derivative payable		513				513				513
Accrued interest payable		837		837		—		—		837